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My dad loves the way I've been talking about #Bitcoin since it was <$10, and how it's just going to keep going up against the dollar. So he loves to see these landmark numbers in his news feed, and then chat about it, especially "How much would those 300 coins be worth now?"

"I can't believe a Bitcoin is now worth $10"

"I can't believe a Bitcoin is now worth $100"

"I can't believe a Bitcoin is now worth $1000"

"I can't believe a Bitcoin is now worth $10000"

"I can't believe a Bitcoin is now worth $100000"

He still has none himself. He knows how much I got burned by selling some in the past. So he knows why I do my best to never sell, and just buy and #hodl.

So #100k is a great talking point for interested no-coiners.

I hope dad is still around to say "I can't believe a Bitcoin is now worth $1000000" and beyond. 🌕

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Discussion

GLACA 1y ago

Ok. Had to read again: interested no-coiners. How about arrogant and not interested? Is 100K still a good talking point?

Stu 1y ago

I think it's like crossing a milestone, it's another digit added to the dollar price, so it's a convenient point to take notice.

My dad is well into his 70s now, and he's tech-averse. He completely gets inflation and has had his own ways to try to avoid it.

He just can't quite get his head around how Bitcoin works, but is happy to see it grow.

GLACA 1y ago

I always explain : we mined the gold with physical power for centuries, isn't it time to make computers do the mining? Isn't it the natural way of progress to start mining Bitcoin using specialized computers?

Stu 1y ago

I think part of it is he likes to stick with what he knows. He lives quite a simple life, so his current investments and pension suit him just fine. A genuine #Boomer

I sometimes wonder if Peter Schiff is similar, where Gold does everything he needs it to do, it's tried and tested over a long period of time, he can see it, touch it, so on. Why risk it for something he doesn't properly understand?

GLACA 1y ago

Makes sense. Non portability of gold should be an argument and fact that it can be so easily confiscated...but I kinda get older people.

fred 1y ago

Nothing brings me more joy than seeing my dad, who is a non-techie, excited about his BTC going up.